How to Pay for Alzheimer’s Care
Alzheimer's disease is a devastating condition that affects millions of people in the United States, especially seniors. As the disease progresses, it becomes increasingly difficult for families to care for loved ones at home. At MorningStar Senior Living in Littleton, Colorado, we understand the challenges that families face when it comes to paying for Alzheimer's care options and senior living communities. When it comes to paying for assisted living, financial resources are available beyond retirement savings and investments.
Private pay is a prevalent form of payment to help ensure your parent or loved one in need of Alzheimer’s care is receiving the treatment they need. Private pay is when families pay for senior living care out of pocket, without relying on insurance or government programs. The cost of care varies depending on the level of care required, so it is important to discuss pricing with the MorningStar Senior Living team to determine the cost of care for your loved one. However, private pay may not be feasible for everyone. Because of this, MorningStar offers different options to pay for accessible Alzheimer’s care.
If your loved one is a veteran, they may be eligible for Veterans Affairs (VA) benefits to help cover the cost of Alzheimer's care at MorningStar Senior Living in Littleton, Colorado. The VA offers a range of benefits, including Aid and Attendance and Housebound benefits, that can help cover the cost of care for eligible veterans. MorningStar Senior Living has partnered with ElderLife Financial Services to present financial resources commonly used to pay for senior living.
Long-term care insurance is designed to cover the cost of care for individuals who require assistance with daily living tasks, such as those with Alzheimer's disease. Long-term care insurance helps pay for senior living care and protects personal assets by covering expenses up to the amounts set forth in the policy. LTC insurance pays for a variety of services in senior communities and can offer care options that may not be covered through the federal subsidies of Medicare and Medicaid.
To learn more about MorningStar’s payment plans and Alzheimer’s care in Littleton, CO, contact our staff who are happy to answer any questions you have. Our website also provides information on our company’s history and vision and what sets us apart from other retirement facilities in Littleton. We encourage you to see for yourself our exceptional offering for independent and assisted living in Littleton, Colorado.